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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    25 S Monroe St Monroe, MI 48161

    • Commercial real estate
    • 312 SF
    For Sale
    View listing
    $1,700,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1913346
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dietrich Bailey & Associates / Attorney
    • Mc Cormick Jr E J / Attorney
    • Tri-State Steel / Welder
    • eScapes Network / Television Station
    • Monroe County Radio / Radio Broadcaster

    Property Details for 25 S Monroe St

    Property size
    312 SF
    Property type
    Commercial real estate

    Description

    The Monroe Office Plaza, situated at 25 S Monroe St, Monroe, MI 48161, presents a compelling investment opportunity in the heart of Monroe's central business district (CBD). This executive office space, zoned for CBD use, offers a flexible footprint ranging from 312 to 23,488 square feet, catering to a variety of business needs. Its prime location at the northeast corner of South Monroe Street and Front Street provides exceptional visibility and accessibility. The property benefits from its proximity to the riverfront, a vibrant array of downtown restaurants and shops, and ample street parking, ensuring convenience for both employees and clients. Furthermore, its strategic location offers easy access to major transportation arteries, with both I-75 and Telegraph Road just minutes away. The asking price for this exceptional property is $1,700,000. This presents a rare chance to acquire a well-situated, versatile office space in a thriving downtown area. The property is available for sale.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Monroe
    State
    Michigan
    Longitude
    -83.3970494
    Latitude
    41.916608

    Comparable in this City

    • Contact for pricing
      26,500 SF

      Monroe Medical Office Building

      26,500 SF Medical Office Building For Sale/Lease
      1051 Telegraph Rd, Monroe, MI 48161
      View Details
    • $1,700,000
      23,488 SF

      Downtown Monroe Office Plaza Opportunity

      Office building in the heart of downtown Monroe, Michigan.
      25 S Monroe St, Monroe, MI 48161
      View Details
    • $150,000
      1,632 SF

      Monroe Office Space For Sale

      Office property with 1632 square feet of space.
      415 N Monroe St, Monroe, MI 48161
      View Details
    • $450,000
      3,623 SF

      Medical Office on High-Traffic Street

      3,623 SF medical office building with pharmacy tenant.
      1704 S Custer, Monroe, MI 48161
      View Details
    • $1,200,000
      33,524 SF

      Downtown Monroe Executive Office Building

      Prime location, 33,524 sq ft, $1.2M
      102 Front St, Monroe, MI 48161
      View Details
    • $1,700,000

      Downtown Monroe Office Plaza Opportunity

      Office building in the heart of downtown Monroe for sale.
      25 S Monroe St, Monroe, MI 48161
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      26,500 SF

      Monroe Medical Office Building

      26,500 SF Medical Office Building For Sale/Lease
      1051 Telegraph Rd, Monroe, MI 48161
      View Details
    • $1,700,000
      23,488 SF

      Downtown Monroe Office Plaza Opportunity

      Office building in the heart of downtown Monroe, Michigan.
      25 S Monroe St, Monroe, MI 48161
      View Details
    • $150,000
      1,632 SF

      Monroe Office Space For Sale

      Office property with 1632 square feet of space.
      415 N Monroe St, Monroe, MI 48161
      View Details
    • $450,000
      3,623 SF

      Medical Office on High-Traffic Street

      3,623 SF medical office building with pharmacy tenant.
      1704 S Custer, Monroe, MI 48161
      View Details
    • $1,200,000
      33,524 SF

      Downtown Monroe Executive Office Building

      Prime location, 33,524 sq ft, $1.2M
      102 Front St, Monroe, MI 48161
      View Details
    • $1,700,000

      Downtown Monroe Office Plaza Opportunity

      Office building in the heart of downtown Monroe for sale.
      25 S Monroe St, Monroe, MI 48161
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,000 SF

      Downtown Office Space For Rent

      Highly visible office space in a beautiful historical building.
      111 E 1St St, Monroe, MI 48161
      View Details
    • $1,500 /Mo

      Monroe Office or Retail Space

      1,500 SF office/retail space with ample parking.
      2062 S Custer Rd West, Monroe, MI 48161
      View Details
    • $1,400 /Mo
      1,176 SF

      Downtown Monroe Office Space Available

      Office space for rent near Courthouse and City/County offices.
      313 S Monroe St, Monroe, MI 48161
      View Details
    • $2,000 /Mo
      1,800 SF

      Prime Retail/Office/Restaurant Space

      High-visibility commercial space suitable for retail, restaurant, or office use.
      524 N Telegraph Rd, Monroe, MI 48161
      View Details
    • $2,964 /Mo
      2,736 SF

      Monroe Commercial Space For Rent

      Commercial/industrial rental units available with exposure on S. Telegraph.
      986 S Telegraph Rd, Monroe, MI 48161
      View Details
    • $2,000 /Mo
      2,000 SF

      Spacious Office Building For Lease

      Office spaces available for lease in Monroe, Michigan.
      15384 S Dixie Dr, Monroe, MI 48161
      View Details
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    25 S Monroe St
    Monroe, MI 48161
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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